What is Oracle, and how has the 50-year-old company made a tech comeback with AI and TikTok? | Euronews Newsletter Events Loader Newsletter Events Loader Loader Search
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ADVERTISEMENT American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022. That was until a massive $300 billion (€253 billion) cloud computing contract was signed with OpenAI this month, resulting in Oracle’s co-founder and chief technology officer, Larry Ellison, briefly becoming the world’s richest person. Now, Oracle could become part of a consortium of companies that might
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